Why does NFT become a new trend?
NFT, now, is well-known because it has become the popular daily manner of buying and selling digital art-works.
According to Mr.Arry Yu — the Chairman of Cascadia Blockchain Council of Washington Technology Industry Association: “Basically, NFT is the element creating the digital scarcity. This entirely contrasts most digital creations, always having infinite supplies.”
Blockchain technology and NFT facilitate artists and content-creators to have an unique opportunity for them to earn from their own products. For example, artists no longer have to rely on galleries or auction-houses to sell them. Instead, they can sell them directly to buyers as a NFT. This also brings more profits. Moreover, artists can program by royalties and they will receive revenue’s percentage whenever their works are sold to a new owner. This is an attractive function because normally, artists have not received future costs after their works have been sold for the first time.
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